Travelers is now offering control of well coverage on an admitted basis to upstream oil and gas clients. This coverage will be immediately available on an admitted basis in 25 states, and is expected to be available in most other …
A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Cherokee Insurance Company. In addition Best has upgraded the ICR to “bbb” from “bbb-” of …
The Insurance Industry Charitable Foundation (IICF) New York division has surpassed the $1 million mark for ticket sales for its 2010 benefit dinner, which will be held Wednesday Dec. 8, 2010, at the Waldorf-Astoria Hotel in New York City. “The …
Iowa-based insurer United Fire & Casualty will acquire New Jersey-based Mercer Insurance Group in a deal valued at $191 million The merger, which is expected to close in the first quarter of 2011, calls for Mercer shareholders to receive $28.25 …
Oakland, Calif.-based catastrophe risk modeling firm EQECAT Inc. has named Paul C. Little senior vice president of global client development. Little will be responsible for global sales, professional services, deployment and product support. The position was previously held by EQECAT’s …
A new report shows a drop in deaths from motorcycle accidents in New Jersey — a change that’s good news for both riders and safety advocates. “I think it’s great,” Barbara Borowiec, a South Jersey motorcycle dealer, said of the …
New York-based insurance broker USI Holdings has acquired the New Jersey operation of Kinloch Holdings Inc. The unit, based in West Orange, New Jersey, specializes in commercial property casualty and employee benefits insurance for middle-market businesses and is expected to …
A deal reached by New York City and workers exposed to toxic dust that blanketed ground zero after the Sept. 11 terrorist attacks will resolve an overwhelming majority of the lawsuits over the city’s failure to provide protective equipment to …
New Jersey’s largest auto insurer is issuing dividend checks averaging $107 to its policyholders. New Jersey Manufacturers Insurance Company began issuing the checks on Monday. The Ewing-based company says the checks will be mailed through mid-December. The company insures 415,000 …
Monitor Liability Managers, LLC (Monitor) has introduced a new lawyers professional liability (LPL) insurance program in New Jersey. The LPL program provides liability protection for law firms [headquartered in New Jersey] with one or more attorneys and will be administered …
